Morgan Stanley Cuts CMBS Group Globally

20 Nov 2008

Morgan Stanley has reportedly cut its U.S. commercial mortgage-backed securities group to 12 people and reduced its European and Asian groups to eleven staffers each.

Morgan Stanley has reportedly cut its U.S. commercial mortgage-backed securities group to 12 people and reduced its European and Asian groups to eleven staffers each.

Steve Stern, who heads the U.S. group, referred calls to Mark Lake, a spokesman. Lake would say only that the firm had cut off 10% of ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.